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LEG forms 180 Bearish Setup on August 20
LEG posted a 3.41% loss on Thursday, August 20th, accompanied by 2.6× normal trading volume. The unusually high volume suggests institutional participation in today's move. Multiple bearish signals emerged — Stochastic Reached Oversold and 180 Bearish Setup — suggesting potential weakness ahead. Key support levels exist at 9.26, 9.16 & 8.99, with resistance at 9.52, 9.69 & 9.79. Additionally, Slow Stochastic points to oversold territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of LEG: F
There’s more where that came from. See all of today’s signals for LEG here.
Read full article here »